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In San Francisco, 30% of workers take public transportation daily (USA Today, December 21,2005). In a sample of 9 workers, what is the probability that exactly three workers take public transportation daily (to 4 decimals)? In a sample of 9 workers, what is the probability that at least three workers take public transportation daily (to 4 decimals)?
suppose you earn 14 an hour and every day you go to lunch at your favorite restaurant cafeacute excel where you spend
over the past 12 months the four winds novelty company firm has recorded its internet sales equals monthly output
methamphetamine meth is an addictive synthetic drug made chiefly in small toxic labs stls in homes tents barns or hotel
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
Suppose a firm is producing 1,000 units of output. Its average fixed costs are $100. Its average variable costs are $50. What is the total cost of producing 1,000 units of output?
Select a current exchange rate practice and explain the economic factors that influence that practice. As always, please provide references to support your efforts.
What are the variables (the items measured on the axes) in a graph of the a) consumption shedule and b) the saving schedule Are the variables inversely (negatively) related or are they directly (positively) related
microeconomicsquestion 1suppose that oil prices rise sharply for years as a result of a war in the middle east.
Describe the industry and explain the general pattern of change of the particular market model and hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a "market economy."
)Now suppose that some of President's close political advisers are urging him to adjust taxes but not spending. Assuming the same initial level of G (=500), how would you advise the administration to adjust taxes to reach potential GDP?
Use supply and demand analysis to describe why equilibrium price of apples will increase and the equilibrium quantity will fall if an excise tax is levied on apples.
Calculate the standard deviation of the distribution of each investment. (b) Which of the two investments is more risky? (c) Which investment should the individual choose?
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